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Turkey has made solid progress in recent years in improving the security and diversity of its energy supplies, but should also pay close attention to the sustainability and longer-term carbon footprint of its energy sector, according to a new policy review by the International Energy Agency (IEA).
Since the previous IEA in-depth review of Turkey in 2016, market reform and energy security have remained the guiding principles of the government’s energy policy. Rapid economic and population growth in the past two decades have not only driven strong growth in energy demand but also an increase in import dependency, especially for oil and gas.
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Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure III K/S (CI-III), has announced that it has entered into an agreement to divest a 49% stake in the Monegros onshore wind portfolio to a fund managed by Arjun Infrastructure Partners (Arjun).
The Monegros portfolio consists of 12 onshore wind farms with a total installed capacity of 487 MW, and is located in Aragon, Spain. Monegros is part of CI-III, a €3.5 billion energy infrastructure fund managed by CIP.
“We welcome Arjun as partner in the Monegros portfolio and are pleased to enter in this transaction that recognises the value generated so far by CIP and its partners during the development and construction phase of this high-quality portfolio. With the projects now entering commercial operation, we are confident that further value will be delivered as the wind farms commence generating material volumes of subsidy-free renewable power that contributes towards the decarbonisatio
Enlight Renewable Energy (TASE: ENLT), proudly announces that it was awarded as winner in two categories of the 12th edition of the annual global Infrastructure Investor Awards.
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Date: 27 May 2021